COPPER RIDGE INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

GERALD T GRANT

Phone

2156618330

Tax Period

2022-01-01 to 2022-12-31

COPPER RIDGE INC, founded in 1991, is a small nonprofit that reported $103K in total revenue in fiscal year 2022. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $87K, a strong 84% operating margin.

Mission

AS AN ACTS RETIREMENT-LIFE COMMUNITY, COPPER RIDGE, INC. WAS COMMITTED TO PROVIDING SECURITY AND PEACE OF MIND TO SENIORS BY BEING THE PRE-EMINENT PROVIDER OF RETIREMENT-LIFE SERVICES, RESPONSIVE TO INDIVIDUAL, SOCIAL, PERSONAL, HEALTH AND SPIRITUAL NEEDS IN A CHRISTIAN ATMOSPHERE GRACED WITH LOVING-KINDNESS, DIGNITY, SENSITIVITY, HONESTY, AND RESPECT WITHOUT PREJUDICE OR PREFERENCE. EFFECTIVE JULY 1, 2020, COPPER RIDGE NO LONGER PROVIDES COMPREHENSIVE LIFE CARE SERVICES AS IT SOLD THE BUILDING, THE REAL ESTATE, PERSONAL PROPERTY AND THE BED RIGHTS TO AN UNRELATED ORGANIZATION AND IS IN WIND-DOWN.

Program Service Accomplishments

Program 1

Expenses: $6,541 Revenue: $0

EFFECTIVE JULY 1, 2020, COPPER RIDGE NO LONGER PROVIDES COMPREHENSIVE LIFE CARE SERVICES AS IT SOLD THE BUILDING, THE REAL ESTATE, PERSONAL PROPERTY, AND THE BED RIGHTS TO AN UNRELATED ORGANIZATION...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $292

Other Revenue $103,017

TOTAL REVENUE $103,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,541

Other Expenses $16,666

TOTAL EXPENSES $16,666

Year-over-Year Comparison

	2022	2021	Change
Revenue	$103,309	$198,737	-0.5%
Expenses	$16,666	$46,404	-0.6%
Net Income	$86,643	$152,333	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$3,976,657

Total Directors

$2,166,311

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD T GRANT	CEO & CHAIRMAN	0.10	Officer Director	$0	$541,934	$1,360,520
KAREN I CHRISTIANSEN	PRESIDENT & VICE CHAIRMAN	0.10	Officer Director	$0	$212,745	$805,791
SUSAN B ALLMOND	DIRECTOR	0.10	Director	$0	$0	$0
JOHN L ESTERHAI JR MD	DIRECTOR	0.10	Director	$0	$0	$0
ELRIC C GERNER	DIRECTOR	0.10	Director	$0	$0	$0
DILIP A KULATHUM	DIRECTOR (TO 12/4/22)	0.10	Director	$0	$0	$0
JAMES RYAN	DIRECTOR	0.10	Director	$0	$0	$0
ANNE WEATHERHOLT	DIRECTOR	0.10	Director	$0	$0	$0
MARVIN MASHNER	DIRECTOR	0.10	Director	$0	$0	$0
GLENN D FOX	SECRETARY	0.10	Officer	$0	$360,930	$824,418
JONATHAN D GRANT	ASSISTANT SECRETARY	0.10	Officer	$0	$25,527	$406,827
SUSAN AHERN	TREASURER	0.10	Officer	$0	$30,336	$344,108
PEGGY C VALDIVIA	ASSISTANT TREASURER	0.10	Officer	$0	$26,391	$234,993

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$103,309	$16,666	No data	$86,643
2021	$198,737	$46,404	$2,360,129	$152,333
2020	$6,633,452	$8,278,939	$4,066,477	$-1,645,487
2019	$13,629,881	$15,114,823	$25,743,702	$-1,484,942
2018	$14,546,467	$16,569,028	$12,830,270	$-2,022,561